https://www.taxtmi.com/caselaws?id=253192 The appeals were partly allowed, with some additions confirmed and others deleted based on the genuineness and substantiation of the explanations provided by the assessee. The judgment emphasizes the importance of specific and substantiated explanations to prove the genuineness of credit entries, gifts, and loans in income tax assessments. en-us Fri, 14 Nov 2014 00:00:00 +0530 Tue, 18 Nov 2014 16:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253192 The appeals were partly allowed, with some additions confirmed and others deleted based on the genuineness and substantiation of the explanations provided by the assessee. The judgment emphasizes the importance of specific and substantiated explanations to prove the genuineness of credit entries, gifts, and loans in income tax assessments. Case-Laws Income Tax Fri, 14 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253192